Secretary Held Loan Servicing and Document Management

PLEASE READ THIS NOTICE CAREFULLY AS IT CONSTITUTES THE ONLY NOTICE THAT WILL BE PUBLISHED.
The Department of Housing and Urban Development (HUD) intends to negotiate a sole source fixed priced contract for a 12 month base and four 12 month option periods with the following company:
Celink
2900 Esperanza Crossing,
Austin, TX 78758

HUD has prepared a Sole Source justification on the basis of other than full and open competition for this effort. HUD intends to negotiate with only one source under the authority of 6.301-1 -Only One Responsible Source and No Other Supplies or Services will Satisfy Agency Requirements. HUD has a requirement for a Federal Housing Administration (FHA) Approved Loan Servicer with a servicing portfolio of over 100,000 Home Equity Conversion Mortgage (HECM) Loans with specialized experience in the servicing of HECM, FHA insured and Secretary-held first, second, and subordinate notes and mortgages. FHA approved servicers have demonstrated capability to meet FHA guidelines, policy, and standards required to service FHA loans. A Request for Information was sent to all responsible FHA Approved HECM servicers. Celink was the only FHA Approved HECM servicer currently servicier to respond with interest in the requirement.

The North American Classification System Code (NAICS) for this requirement is 522390 Other Activities Related to Credit Intermediation with a NAICS size standard of $20.5 Million.

This notice will be distributed solely through the General Service Administration's Federal Opportunities (FBO) Website (www.fedbizopps.gov). Interested parties are responsible for monitoring the FBO site to ensure they have the most up-to-date information about this acquisition. This notice satisfies the requirements for FAR 5.102(a)(1) and 5.203(a)(1). This Notice of Intent to Sole Source is not a request for competitive quotes. Information received in response to this notice will be considered solely for the purpose of determining whether a competitive procurement is in the best interest of the Government. If no written responses are received by the date listed below, which reflects 12 days after the publication of this notice the solicitation will be issued as a sole source requirement to Celink.

Interested parties may identify their interests and capability to this requirement to the attention of Christopher Stuart, email address Christopher.S.Stuart@hud.gov. Emailed responses will only be considered and must identify their capabilities in writing to the above e-mail address no later than 12:00 Mountain Daylight Time (MDT), August 12, 2019.

.